Page 984 - Reuters

Govt indicates readiness to release more oil reserves amid Ukraine crisis

'Govt of India is ready to take all appropriate action, as deemed fit, for mitigating market volatility and calming the rise in crude oil prices,' MoS Rameswar Teli said

India considers buying discounted Russian oil, commodities: Report

India is considering taking up a Russian offer to buy its crude oil and other commodities at discounted prices with payment via a rupee-rouble transaction, two Indian officials said

S&P 500, Dow rise with focus on Russia-Ukraine peace talks, Fed

Energy shares slip as Brent falls below $110; all eyes on Fed policy meeting

Yen falls to new five-year lows; Covid-19 hurts China's yuan

Analysts attributed the revival of risk appetite to the fact that Russian and Ukrainian negotiators hinted at progress in peace talks

Palladium slides more than 10% as shortage fears ease; gold falls 1%

A market authority said last week that Russian refiners can continue to sell platinum and palladium in London, the world's biggest precious metals trading centre

Oil falls $7 on Russia-Ukraine talk hopes, Covid lockdowns in China

Russia's output of oil and gas condensate rose to 11.12 million barrels per day (bpd) so far in March, two sources familiar with production data told Reuters, despite sanctions

Kyiv apartment block shelled, but 'hard' Ukraine peace talks go ahead

Ukraine says Monday talks 'hard' after weekend progress; Russia, China deny Moscow sought military aid from Beijing

Tentative Ukraine peace hopes lift world stocks and bond yields

Brent crude futures fell as much as $4 a barrel and European gas prices slipped to 115 euros per megawatt hour, some 100 euros below recent peaks

Dollar steadies, yen holds near five-year low on Ukraine talks, Fed meet

After uncertainty about the war in Ukraine prompted a market sell-off on Friday, stock markets rebounded on Monday and commodity prices edged back down

SoftBank sold shares worth $1 billion in Korean e-commerce firm Coupang

SoftBank Group Corp's Vision Fund sold shares worth $1 billion in Korean e-commerce firm Coupang, a filing showed, amid a slump in the value of the tech investment firm's holdings

Flow of health supplies is reaching Ukraine amid Russian invasion, says WHO

A flow of medical gear and equipment, including trauma kits, is reaching Ukraine to prop up a health care system grappling with a shortage of supplies amid Russia's invasion, the WHO said on Monday

Sugar prices to change due to India's falling demand, says Raizen CEO

Global sugar prices will structurally change as demand from India falls and more volatility is expected in correlation with energy prices, Ricardo Mussa, CEO of Raizen said

More Ukraine-Russia talks scheduled as attack on base kills dozens

Diplomatic efforts to end the war boosted on Monday, with Russia-Ukraine to talk again after both sides cited progress, even after Russia attacked a base near Polish border and fighting elsewhere

Explained: Is it legal for foreigners to fight against Russian troops?

As thousands of would-be fighters from outside the country volunteer to help Ukraine defend itself against Russia's invasion, some may also face legal consequences in their home countries

Investors ask 10,000 firms to give environment data to non-profit platform

Investors managing over $130 trillion in assets have written to more than 10,000 companies calling on them to supply environmental data to non-profit disclosure platform CDP

Imminent risk of North conducting ICBM test, says South Korean newspaper

The South Korean government believes North Korea could test an intercontinental ballistic missile (ICBM) as soon as this week, local media reported, citing unnamed sources

China records more local Covid cases so far this year than in whole of 2021

China has reported more local symptomatic Covid cases so far this year than it recorded in all of 2021, as the highly transmissible Omicron variant triggers outbreaks from Shanghai to Shenzhen

North Korea may be testing monster new ICBM, could conduct full launch soon

North Korea has begun testing its largest intercontinental ballistic missile (ICBM) system yet, US and South Korean officials say, and may soon conduct a full ICBM launch for the first time since 2017

Yen slides to five-year low as rest of the world sets off for hikes

The dollar hit a five-year high against the yen on Monday, as traders braced for the U.S. Federal Reserve to begin hiking rates, while reckoning the Bank of Japan remains dovish

War, pandemic, and inflation deal Federal Reserve a complex triplet

In what now seem the simpler days of December, when there was only a pandemic to worry about, Federal Reserve officials rallied around the view they could tame inflation with modest interest rate hike